Man Accused Of Swindling Fyre Festival Investors Busted In New Scam

Any hopes Billy McFarland had for freedom have just gone out the window.

(AllHipHop News) The man accused of swindling investors purchasers of tickets to the failed Fyre Festival just can't stop stealing from people.

Billy McFarland has been busy carrying out scams while he is awaiting sentencing for defrauding Fyre Festival investors and ticket holders out of millions of dollars.

According to cops, McFarland ran a scam involving VIP tickets for a variety of high-profile events.

Investigators recently found out Billy McFarland was the mastermind behind a company called NYC VIP Access.

McFarland with fraudulently present his clients with phony contracts and then stole money that was supposed to get his clients access to events like 2018 Met Gala, Burning Man 201, Coachella 2018.

Today, June 12th, Billy Mcfarland was charged with one count of wire fraud and one count of money laundering and could face up to 20 years in prison.

This is in addition to the 10 years he is facing after pleading guilty to blowing $1.2 million in the scheme.

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